African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
The naira continued to depreciate against the dollar at both official and parallel foreign exchange markets. FMDQ data showed that […]
Continue ReadingThe majority of Nigerians believed that the country’s inflation would rise further in October 2024. This is according to the […]
Continue ReadingNigeria’s foreign reserves increased to $40.167 billion as of November 11, 2024, for the first time since 2022. This is […]
Continue ReadingThe Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said the ongoing bank recapitalization policy in the country […]
Continue ReadingThe Independent Petroleum Marketers Association of Nigeria (IPMAN) has said Nigerians will get to know the new fuel pump price […]
Continue ReadingPopular Nigerian economists and financial analysts have backed President Bola Ahmed Tinubu’s tax reform bills amid controversy the bills have […]
Continue ReadingThe Federal Government is considering a single-digit tax regime to reduce the burden of multiple taxations on Nigerians. The Chairman […]
Continue ReadingNigeria’s naira has been projected to depreciate further to N1,993 per dollar in the coming days. This is according to […]
Continue ReadingAfter years of heavy importation of petroleum products, the Nigerian National Petroleum Company Limited, NNPC, announced on Monday that it […]
Continue ReadingThe naira continued to depreciate against the dollar in the foreign exchange market on Monday. FMDQ data showed that the […]
Continue ReadingThe Independent Petroleum Marketers Association of Nigeria, IPMAN, directed all its members to lift Premium Motor Spirit, PMS, exclusively from […]
Continue ReadingThe Independent Petroleum Marketers Association of Nigeria, IPMAN, has finally secured an agreement with Dangote Refinery to lift products directly. […]
Continue ReadingTaiwo Oyedele, Chairman Presidential Fiscal Policy and Tax Reforms Committee, has explained why the Value Added Tax, VAT, distribution proposal […]
Continue ReadingChina’s imports from Nigeria increased by 36.1 percent year-on-year, reaching an all-time high of $15.1 billion (about N25.7 trillion) between […]
Continue ReadingA popular Nigerian economist, Kelvin Emmanuel, has said that the Port Harcourt refinery is dead on arrival and cannot be […]
Continue ReadingA renowned economist, Kelvin Emmanuel, has said the Nigerian government has not effectively implemented a Naira-for-crude deal with Dangote Refinery. […]
Continue ReadingThe Export Processing Terminal (EPTs) is to be linked with the Domestic Export Warehouse (DEW), the Nigerian Ports Authority (NPA), […]
Continue ReadingThe Nigeria Deposit Insurance Corporation, NDIC, has commenced a national auction of landed properties and physical assets belonging to the […]
Continue ReadingThe Nigeria Labour Congress has accused Dangote Group and oil marketers of ganging up to rip Nigerians off in the […]
Continue ReadingNigeria’s landing cost of Premium Motor Spirit (Petrol) dropped to N971 per litre in November 2024. This is according to […]
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